Mortgage rates for 30- and 15-year fixed loans, as well as for 5/1 ARMs, were slightly higher today, according to a NerdWallet survey of mortgage interest rates published by national lenders Thursday morning.
Generally mortgage rates have been trending lower for more than a month. Today’s slight shift up wasn’t a result of economic news or a bond market shake up. In fact, this morning’s survey of lenders was a split decision: many held firm, while some moved their pricing higher. All in all, it was enough to nudge the average survey rate up a bit.
Fixed mortgage rates still remain near five-month lows, according to the NerdWallet Mortgage Rate Index.
MORTGAGE RATES TODAY, THURSDAY, APRIL 20:
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NerdWallet daily mortgage rates are an average of the published annual percentage rate with the lowest points for each loan term offered by a sampling of major national lenders. APR quotes reflect an interest rate plus points, fees and other expenses, providing the most accurate view of the costs a borrower might pay.
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The article Mortgage Rates Thursday, April 20: Slightly Higher, Still at 5-Month Lows originally appeared on NerdWallet.
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